Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Frank Daly:

But it's not intended to cover the whole gamut of our debtors. It's intended to cover a situation where you have ... and it's primarily in the retail side where you have somebody in a retail business who is tied into an upward-only rent review, and who is struggling. And that is what it's intended to do, so that would certainly be a much smaller percentage of our rental income than the €5 billion----